Komatsu has developed a concept machine for a medium-sized hydraulic excavator that combines a hydrogen fuel cell and Komatsu-developed key components. By advancing the PoC (Proof of Concept) tests it started in May 2023, Komatsu says it will accelerate its efforts to embark on the commercial production of medium-sized and large construction equipment powered by
Toyota has announced that it is now tinkering with carbon-neutral fuels and hydrogen internal combustion engines (ICEs) in motorsport as a case study. At a recent roundtable media event, Toyota divulged its multi-pathway approach to reducing its carbon footprint. This New Global and Regional Direction is summarized by a few key points, the first of
Uncertainty over sustainable marine fuel availability and infrastructure has put at risk the shipping industry’s pursuit of decarbonization, with opinions divided over the future bunker landscape, the trade association International Chamber of Shipping said. When releasing its annual survey of industry executives over top industry concerns, the ICS—which represents more than 80% of the world’s
The Future of Jobs Report 2023, by the World Economic Forum, did strike a warning note saying that 26 million jobs will be wiped out globally by 2027. However, a macrotrend listed in the report deserves attention. According to the report, businesses expect that the greatest net job creation impact will come from investments that
Poppys Biotech, a company of Tiruppur-based knitwear exporter Poppys Group, is planning to set up a distillery unit to produce ethanol with capacity of 200 klpd at SIPCOT Industrial Park, Cheyyar in Tiruvannamalai district of Tamil Nadu. The proposed unit will spread over 16.79 acres of land parcel. The project also comprises the installation of
Inox Air Products Ltd, India’s largest manufacturer of industrial and medical gases, plans to tap the equity market to finance an expansion into green hydrogen. India has announced a National Green Hydrogen Mission to create 5 million tonnes of capacity by 2030, as it aims to become a world leader in green hydrogen. Inox Air
NYK Line, IHI Power Systems, Nihon Shipyard, Japan Engine Corporation, and ClassNK have announced that the world’s first four-stroke ammonia-fuelled engine has successfully completed a land-based test for the stable combustion of ammonia having an 80% co-firing ratio as part of a demonstration project for the commercialisation of vessels equipped with a domestically produced ammonia-fuelled
European Parliament (EP), the Council of the European Union, and the European Commission (EC) have reached an agreement on the FuelEU Maritime regulation, with the objective to increase the share of renewable and low-carbon fuels in the fuel mix of maritime transport in the EU. In particular, from 2025, for ships trading in the EU/EEA,
Analysts have long been talking up prospects for an avalanche of vintage ships heading for demolition amid a period of growing green regulations.
Australian renewable energy company Vast has executed a letter of intent with Hamburg-based fuels trader Mabanaft for potential offtake and equity investment in a green methanol demonstration plant called Solar Methanol 1 (SM1). Vast is developing the SM1 project in Port Augusta, South Australia which will deliver up to 7,500 tonnes per annum of green